First Bank & Trust

CIK

1692632

Location

BROOKINGS, SD

Portfolio Value

Small $683,136,702

Diversification

Diversified

Filing Date

Global Rank

#3,204 / 8,818 ▼ 20 · as of Jun 2026

Top Industry

Semiconductors 9.6%

Period ended 28 days ago

Filed Oct 19, 2026 · 9d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Diversified active

Top 10 weight 54.6%, 17.7 effective positions, active share 64.6% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

18.8% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 19.9 quarters (12+), a floor since 40.8% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 64.6%; sector active share 39.5% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

276 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

13.4%

−2.3 pts

Top 5

42.6%

−2.4 pts

Top 10

54.6%

+0.0 pts

HHI

501

Diversified−64

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	48.6%	$332,033,487	48
Technology	13.8%	$94,561,220	45
Financial Services	7.9%	$54,220,892	48
Healthcare	6.4%	$43,405,423	29
Consumer Defensive	4.6%	$31,405,453	15
Communication Services	4.0%	$27,515,263	9
Utilities	3.9%	$26,878,072	14
Energy	3.6%	$24,797,503	11
Industrials	2.7%	$18,616,477	35
Consumer Cyclical	2.5%	$17,039,871	15
Real Estate	1.5%	$10,234,226	5
Basic Materials	0.4%	$2,428,815	2

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
RF	Regions Financial Corp	+54,755	67,686	$1,819,399
USB	US Bancorp De	+40,208	133,794	$7,727,940
MDLZ	Mondelez International, Inc.	+17,768	39,852	$2,304,242
AGG	iShares Core U.S. Aggregate Bond ETF	+15,879	382,682	$36,178,755
PFE	Pfizer Inc	+14,999	280,754	$8,007,103
VZ	Verizon Communications Inc	+14,717	105,296	$4,829,926
SNY	Sanofi	+13,561	97,494	$4,019,677
UL	Unilever PLC	+12,556	37,450	$2,274,338
AMCR	Amcor plc	+12,554	49,068	$2,053,986
PPL	PPL Corp	+11,632	54,948	$1,807,239
KMB	Kimberly Clark Corp	+11,462	23,078	$2,248,488
MDT	Medtronic plc	+10,881	35,848	$3,093,323
PAYX	Paychex Inc	+8,012	38,647	$3,806,729
DIVI	Franklin International Core Dividend Tilt Index ETF	+7,593	48,847	$2,083,813
FE	Firstenergy Corp	+7,179	49,739	$2,155,190
KIM	Kimco Realty Corp	+6,724	58,952	$1,309,323
KORP	American Century Diversified Corporate Bond ETF	+5,829	20,805	$922,909
MO	Altria Group, Inc.	+5,514	26,679	$1,796,563
JPIB	JPMorgan International Bond Opportunities ETF	+5,367	26,942	$1,258,191
RWJ	Invesco Ltd.	+4,913	41,482	$0
WEC	Wec Energy Group, Inc.	+4,753	16,067	$1,619,231
JIRE	JPMorgan International Research Enhanced Equity ETF	+4,326	25,451	$2,091,054
QXO	QXO, Inc.	+4,215	19,262	$225,172
JEMA	JPMorgan ActiveBuilders Emerging Markets Equity ETF	+3,986	25,413	$1,572,810
USHY	iShares Broad USD High Yield Corporate Bond ETF	+3,542	12,524	$447,357
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
GEVO	Gevo, Inc.	−1,338,441	1,726,507	$2,270,356
HBAN	Huntington Bancshares Inc	−37,994	127,227	$1,941,483
TTE	TotalEnergies SE	−36,150	35,322	$3,020,031
GSK	GSK plc	−26,228	15,291	$736,567
VOO	VANGUARD 500 INDEX FUND	−23,250	17,864	$12,520,162
TFC	Truist Financial Corp	−11,895	57,313	$2,653,591
XOM	ExxonMobil Holdings Corp	−8,706	15,220	$2,477,054
CATH	Global X S&P 500 Catholic Values ETF	−8,132	65,834	$5,969,827
NFLX	Netflix Inc	−5,429	5,261	$366,060
T	At&T Inc.	−4,923	53,940	$1,316,135
CARR	CARRIER GLOBAL Corp	−4,766	4,405	$241,658
KO	Coca Cola Co	−2,929	22,014	$1,894,964
AVTR	Avantor, Inc.	−2,894	23,802	$358,220
O	Realty Income Corp	−2,771	32,794	$1,780,714
AMGN	Amgen Inc	−2,479	8,535	$3,597,587
AIG	American International Group, Inc.	−2,476	3,173	$236,134
AMTM	Amentum Holdings, Inc.	−2,373	10,656	$193,086
IAU	Ishares Gold Trust	−2,326	12,207	$953,366
INDI	indie Semiconductor, Inc.	−2,192	12,380	$36,211
BMO	Bank Of Montreal	−2,140	12,198	$2,040,115
PCOR	Procore Technologies, Inc.	−2,120	8,037	$415,673
MRVL	Marvell Technology, Inc.	−1,904	10,188	$2,691,771
ABBV	AbbVie Inc.	−1,794	18,959	$4,959,484
COST	Costco Wholesale Corp	−1,633	4,577	$4,166,625
DDOG	Datadog, Inc.	−1,450	2,641	$723,237
No positions match the current search.

New Positions

Positions the filer opened this quarter

19 positions

Ticker	Company	Shares	Value
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	134,382	$16,539,736
HSY	Hershey Co	9,863	$1,554,507
VUSB	VANGUARD ULTRA-SHORT BOND ETF	16,135	$799,489
OKE	Oneok Inc	7,552	$643,958
PYLD		18,177	$461,514
IBM	International Business Machines Corp	1,625	$357,386
SPOT	Spotify Technology S.A.	704	$343,115
ZETA	Zeta Global Holdings Corp.	9,659	$304,934
NCNO	nCino, Inc.	16,583	$300,649
CRWD	CrowdStrike Holdings, Inc.	1,101	$291,489
SMCI	Super Micro Computer, Inc.	6,858	$281,657
NMAI	Nuveen Multi-Asset Income Fund	15,128	$218,599
CMS	Cms Energy Corp	3,435	$216,679
JCE	Nuveen Core Equity Alpha Fund	12,700	$215,138
BLW	BLACKROCK Ltd DURATION INCOME TRUST	10,375	$119,208
JPC	Nuveen Preferred & Income Opportunities Fund	16,220	$110,620
BTZ	Blackrock Credit Allocation Income Trust	11,744	$109,336
BHK	Blackrock Core Bond Trust	10,801	$88,568
PFN	PIMCO Income Strategy Fund II	13,920	$86,860
No positions match the current search.

Sold Out

Positions the filer fully exited

12 positions

Ticker	Company	Shares	Value
FCNCA	First Citizens Bancshares Inc	288	$599,267
LOW	Lowes Companies Inc	1,380	$304,276
ODFL	Old Dominion Freight Line, Inc.	1,251	$270,966
HD	Home Depot, Inc.	726	$256,045
TTMI	Ttm Technologies Inc	1,295	$242,190
NEE	Nextera Energy Inc	2,646	$232,239
MTH	Meritage Homes CORP	2,666	$223,543
FELE	Franklin Electric Co Inc	1,994	$213,736
HON	Honeywell International Inc	931	$208,450
HONA	Honeywell Aerospace Inc.	931	$205,824
MRCY	Mercury Systems Inc	1,674	$204,780
CWST	Casella Waste Systems Inc	2,079	$201,600
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

276 tracked positions · $683,136,702 total · filing declares 426 positions · $686,994,773 · as of Sep 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 276 positions by value · page 1 of 6

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Reduced	207,250	-1,082	$77,561,240	+0.6%	11.35%
VEA	Vanguard FTSE Developed Markets ETF	Held	776,743	0	$54,845,822	−0.9%	8.03%
AGG	iShares Core U.S. Aggregate Bond ETF	Added	382,682	+15,879	$36,178,755	−0.4%	5.30%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Held	430,933	0	$25,558,635	−0.6%	3.74%
AAPL	Apple Inc. Technology	Added	63,856	+792	$21,265,324	+16.5%	3.11%
MSFT	Microsoft Corp Technology	Reduced	34,273	-382	$17,578,621	+36.0%	2.57%
NVDA	Nvidia Corp Technology	Added	74,395	+2,727	$16,990,329	+18.5%	2.49%
IJR	iShares Core S&P Small-Cap ETF	Held	122,888	0	$16,717,682	−8.3%	2.45%
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	NEW	134,382	NEW	$16,539,736	NEW	2.42%
IJH	iShares Core S&P Mid-Cap ETF	Held	210,120	0	$15,118,133	−6.7%	2.21%
VOO	VANGUARD 500 INDEX FUND	Reduced	17,864	-23,250	$12,520,162	−55.7%	1.83%
IVV	iShares Core S&P 500 ETF	Added	13,668	+2,106	$10,467,637	+20.9%	1.53%
VOOV	VANGUARD S&P 500 VALUE INDEX FUND	Held	45,762	0	$10,083,199	+0.5%	1.48%
VIOV	VANGUARD S&P SMALL-CAP 600 VALUE INDEX FUND	Held	78,422	0	$8,626,420	−6.2%	1.26%
PFE	Pfizer Inc Healthcare	Added	280,754	+14,999	$8,007,103	+25.1%	1.17%
USB	US Bancorp De Financial Services	Added	133,794	+40,208	$7,727,940	+36.7%	1.13%
META	Meta Platforms, Inc. Communication Services	Reduced	10,294	-732	$7,465,002	+20.2%	1.09%
GOOGL	Alphabet Inc. Communication Services	Reduced	19,048	-132	$6,554,035	−4.4%	0.96%
PM	Philip Morris International Inc. Consumer Defensive	Added	32,950	+2,022	$6,287,518	+12.4%	0.92%
CATH	Global X S&P 500 Catholic Values ETF	Reduced	65,834	-8,132	$5,969,827	−8.8%	0.87%
GOOG	Alphabet Inc. Communication Services	Reduced	17,341	-212	$5,908,772	−4.7%	0.86%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	21,984	-471	$5,477,313	+2.3%	0.80%
VPL	VANGUARD PACIFIC STOCK INDEX FUND	Held	43,465	0	$5,033,681	+0.1%	0.74%
ABBV	AbbVie Inc. Healthcare	Reduced	18,959	-1,794	$4,959,484	−5.0%	0.73%
VZ	Verizon Communications Inc Communication Services	Added	105,296	+14,717	$4,829,926	+25.9%	0.71%
PNC	Pnc Financial Services Group, Inc. Financial Services	Reduced	21,564	-268	$4,792,813	−10.8%	0.70%
CVX	Chevron Corp Energy	Added	23,469	+1,786	$4,792,604	+33.3%	0.70%
ENB	Enbridge Inc Energy	Added	99,621	+2,322	$4,631,380	−12.2%	0.68%
BTI	British American Tobacco p.l.c. Consumer Defensive	Reduced	78,048	-516	$4,245,810	−12.5%	0.62%
DUK	Duke Energy CORP Utilities	Added	37,042	+692	$4,223,157	−8.2%	0.62%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	4,577	-1,633	$4,166,625	−28.3%	0.61%
SNY	Sanofi Healthcare	Added	97,494	+13,561	$4,019,677	+12.3%	0.59%
NGG	National Grid PLC Utilities	Added	51,056	+2,983	$3,871,065	−2.8%	0.57%
PAYX	Paychex Inc Technology	Added	38,647	+8,012	$3,806,729	+26.4%	0.56%
PLD	Prologis, Inc. Real Estate	Added	29,280	+1,167	$3,801,714	−0.2%	0.56%
MA	Mastercard Inc Financial Services	Reduced	6,879	-51	$3,793,562	+6.6%	0.56%
AVGO	Broadcom Inc. Technology	Added	10,714	+211	$3,762,649	−5.2%	0.55%
AMGN	Amgen Inc Healthcare	Reduced	8,535	-2,479	$3,597,587	−9.8%	0.53%
XEL	Xcel Energy Inc Utilities	Reduced	50,972	-162	$3,592,506	−12.5%	0.53%
TRP	Tc Energy Corp Energy	Added	61,785	+942	$3,569,937	−11.5%	0.52%
GILD	Gilead Sciences, Inc. Healthcare	Reduced	21,601	-230	$3,219,628	+16.7%	0.47%
AMD	Advanced Micro Devices Inc Technology	Added	5,194	+190	$3,177,480	+9.3%	0.47%
SO	Southern Co Utilities	Added	37,856	+392	$3,137,883	−12.5%	0.46%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	9,464	-74	$3,130,974	+0.3%	0.46%
WMB	Williams Companies, Inc. Energy	Reduced	45,810	-54	$3,113,705	−8.7%	0.46%
MDT	Medtronic plc Healthcare	Added	35,848	+10,881	$3,093,323	+58.4%	0.45%
TTE	TotalEnergies SE Energy	Reduced	35,322	-36,150	$3,020,031	−45.7%	0.44%
GLD	Spdr Gold Trust	Added	7,549	+218	$2,874,961	+6.5%	0.42%
EMXC	iShares MSCI Emerging Markets ex China ETF	Held	27,895	0	$2,763,836	−3.1%	0.40%
AMT	American Tower Corp Real Estate	Added	16,472	+1,098	$2,696,301	+7.2%	0.39%

Showing the top 50 of 276 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.